Antero Resources Corp (AR)
Days of inventory on hand (DOH)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Inventory turnover | — | — | 0.09 | 0.07 | 0.36 | |
DOH | days | — | — | 3,845.98 | 5,217.26 | 1,021.06 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
Antero Resources Corp's days of inventory on hand (DOH) has shown significant fluctuations over the years. As of December 31, 2020, the company had 1,021.06 days of inventory on hand, indicating a relatively efficient inventory management. However, by the end of 2021, the DOH surged to 5,217.26 days, suggesting a substantial increase in the time it takes for the company to sell its inventory.
In 2022, the DOH decreased to 3,845.98 days, but it still remained at a high level, potentially indicating inventory management challenges or changes in the company's operations. The absence of data for 2023 and 2024 makes it challenging to assess the trend in inventory management for these years.
Overall, the fluctuations in Antero Resources Corp's days of inventory on hand suggest potential issues with inventory management efficiency and the need for the company to focus on optimizing its inventory levels to improve its operational and financial performance.
Peer comparison
Dec 31, 2024